The goal is to get them on your CAP (client appreciation program) and then DO it consistently, even if it's just once a month, send something that shows your expertise and also that you're a decent person.

I know the different in mortgage and expected rent is about 450$ and I know I need to put aside a decent percentage of that for repairs, vacancies, cap ext, etc...Basically, I'd like some suggestions on how ya'll would keep tabs (numbers, metrics, etc) on this property to ensure that it generates positive cash flow and doesn't turn into a money suck.Thanks in Advance, Charlie  

That will give you a good idea of the price, cap rates, etc. 

I didn't even think about cap ex that way but you're right.

Hi ,I have a need for property manager in Santa Rosa CA, I have a house to manage and I am looking for someone who is an investor and have some knowledge about rent cap and price gouge locally in this area.

The cap rate is low but it is almost 1% rule.

When I analyze properties, I look for decent cap rate, ConC returns and cash flow.

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I would check with local rental laws to see if they have caps on how many unrelated occupants you can have in one unit.

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